Phillips 66 (PSX) Raises Quarterly Dividend 11.1% to $0.70; 3.5% Yield

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Phillips 66 Announces Increase in Quarterly Dividend

May 3, 2017 2:09 PM EDT

HOUSTON--(BUSINESS WIRE)-- The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 70 cents per share on Phillips 66 common stock, representing an 11 percent increase. The dividend is payable on June 1, 2017, to shareholders of record as of the close of business on May 18, 2017. Since the first dividend paid by Phillips 66 in 2012, the board has... More